Microsoft reports massive artificial intelligence growth in fiscal third quarter 2026 results

Apr 29, 2026, 8:14:48 PM UTC(1 day ago)
Impact: Medium
Microsoft reports massive artificial intelligence growth in fiscal third quarter 2026 results

Affected Assets

  • Microsoft announced that its AI business surged 123 percent year over year as of the quarter ending March 31 2026
  • Total company revenue reached 82.9 billion dollars representing an 18 percent increase compared to the previous fiscal year
  • The company reported a net income of 31.8 billion dollars with diluted earnings per share rising 23 percent to 4.27 dollars
  • CEO Satya Nadella highlighted the largest deployment of 365 Copilot to date following a deal with Accenture for 740000 licenses
  • Capital expenditures continue to rise as the company invests heavily in AI chips and data center infrastructure to meet soaring demand

Sources

@YahooFinanceMicrosoft Investor RelationsCNBCYahoo FinanceCRN
From:@YahooFinance
$MSFT says its AI business is up 123% year-over-year. https://t.co/0B7mKqZcJf
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